Private settlement (amount confidential) for TPPs, including GM, IBM, Verizon, GE, Aetna, CIGNA, WellPoint, and others who purchased Baycol

Case Abstract
Negotiated opt-out private settlement for amounts paid for recalled drug on favorable terms two years before class settlement even announced.

Client
TPPs, including GM, IBM, Verizon, GE, Aetna, CIGNA, WellPoint, and others who purchased Baycol.

Case Name
Settled without litigation.

Result
Private settlement (amount confidential).

Case Details
Richard Cohen and Peter St. Phillip represented more than 50 large health insurers and major union and employer health benefit plans in exclusive negotiations and data exchange with drug manufacturer Bayer after the defective drug Baycol was recalled.